From a recent Nomura research notes comes 7 key trading calls for 2012:
“Key Call 1: Buy Gilts with Sterling exposure
Key Call 2: Buy US investment grade corporate bonds
Key Call 3: Buy 10Y US Treasuries, expect the curve to flatten
Key Call 4: Buy Emerging Asia curve steepeners (but caution on EM FX)
Key Call 5: Long US Dollar / Short Euro
Key Call 6: Long Gold / Short Oil
Key Call 7: Long European Telecoms / Short European Utilities (equity)”
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.